Qnity Electronics Inc reports results for the quarter ended June 30 - Earnings Summary
Qnity Electronics Inc reports results for the quarter ended June 30 - Earnings Summary
Qnity Electronics Inc Q.N reported quarterly adjusted earnings of $1.19 per share for the quarter ended June 30. The mean expectation of seven analysts for the quarter was for earnings of $1.06 per share. Wall Street expected results to range from 99 cents to $1.14 per share.
Revenue was $1.43 billion; analysts expected $1.36 billion.
Qnity Electronics Inc's reported EPS for the quarter was 59 cents.
The company reported quarterly net income of $124 million.
Qnity Electronics Inc shares had fallen by 18.4% this quarter and gained 63.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 15% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"
Wall Street's median 12-month price target for Qnity Electronics Inc is $180.00, about 25.9% above its last closing price of $133.30
This summary was machine generated from LSEG data August 4 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.06 | 1.19 | Beat |
Mar. 31 2026 | 0.92 | 1.08 | Beat |
Dec. 31 2025 | 0.63 | 0.82 | Beat |
Sep. 30 2025 | 0.66 | 0.73 | Beat |
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Qnity Electronics Inc reports results for the quarter ended June 30 - Earnings Summary
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